Wrong Negotiations Washington and London kick off two weeks of videoconference trade negotiations this week, hoping to reach an agreement this year. The gambit helps gives leverage to Boris Johnson’s Brexit negotiations with Brussels while Mr. Trump gets to poke a finger at the Commission. If this were about economics, Washington would instead be negotiating a trade deal with Vietnam where the population is larger, younger and growing faster in terms of international trade. Instead, this is about politics rather than advancing national economic well-being.
ROO Trumps Substantial Transformation The EU and Mexico just reached agreement on a bilateral trade agreement that must now be ratified by their legislatures. That will be diff...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
